Member Info for ftseexplorer

I don't believe the money will be reinvested - I've had other returns of capital previously, which haven't triggered the reinvestment.

@Anacottsteal Oh you've just made my day when you questioned my expertise at investing last week - maybe you are the one that needs a little coaching.
I'm in @ £0.875 and it all makes sense the ramping that you and the majority of this board does for this share - it was ever so at the floatation in my book....over hyped. At these levels I believe there is an investment case. As you were.

@AnacottSteel clearly from your aggressive reply you are one of the "youthful" investors who think they know it all. I feel quite confident in my investment credentials thank you very much and I'm certainly not going to justify anything to an ignoramus speculator like you. Oh and BTW A J Bell had it down as today along with Proactive Investors https://www.proactiveinvestors.co.uk/companies/news/979675/thg-ashmore-and-us-banks-line-up-ahead-of-easter-break-thursday-s-agenda-979675.html - clearly not alone!

I’m afraid from that company reply that the results won’t be next week - just the date when they will be published.
This company just can’t help it’s self get things right let alone do the right thing by it’s investors. Pretty much the whole of the city expected the results today!

36.52% for me

I just don't understand why this is being trashed so hard as it is a great contrarian play in this economic environment.
I have registered to see all administrations and liquidations through www.business-sale.com and from what I can see it worries me slightly that BEG are picking up very few of them.
My only hope is they are being selective and going for the ones that have assets to pay for their fees....this one being a good win for them:-
13/04/2022 T L C INNS LIMITED Accommodation And Food Service Activities Essex £5,198,896

You would expect that the company would receive some financial compensation for the nationalised division.
My interpretation is that NG are glad to be relieved of the responsibilities in brought and are free to pursue their new strategies and business acquired in the Midlands.

The problem here is that the Akelicongo project requires $2.75m over the next few years - of which $0.75 is spoken for from existing resources. I was against the acquisition because it doubles the cash burn on feasibility studies. The prospect of a significantly discounted fund raise is very off putting for small investors like me.
The only thing that will shift the share price is an offer from one of the big mining companies to take on the graphite assets or a JV to take it through to operation.
Until then its going to tread water at best.

https://www.thisismoney.co.uk/money/markets/article-10653879/Shares-Rolls-Royce-spike-amid-rumours-possible-takeover-offer.html
I am surprised Melrose aren't being put in the frame as I could see great synergy between the two

These are the sort of posts we should be having on this board - constructive and encouraging dialogue.
Completely agree GLTader.
I also believe there is huge hidden value in mPesa, the digital 'Fintech' in Africa....do your numbers for Vodacom reflect a £5-10b valuation for that? I've seen various estimates but there's more payments going through this platform than the whole GDP of Kenya. Surely they must be looking to spin this off?!

They are cashing in options with the share spike and selling some to cover tax.

Thanks for your courteous reply Daniel and I don't mind banter. I know this share is heavily day traded for fractions of a % but I am a long term holder - and other boards actually bring some analysis to the table. We are all here to make money and when someone adds something to the board that actually supports the investment case or adds to the fundamentals of the investment I believe we should encourage it.

All hail you Shuz for bringing some decent dialogue to this board. I rarely contribute meaningful information because it's not appreciated.....with the few opting for petty squabbles and meaningless banter.
This is a significant development - really shows how undervalued VOD is when their share of Vantage could be worth £12b!

Surprisingly earlier than I thought I got back in just under £6.90. Perhaps should have been a little more ambitious with my target price but I didn't want to miss the dividend. Still I have 8% more shares than I did before!

You've got to feel that the exec just know what they are doing and are not going to get drawn into an ego battle with competitors. They are, as I've said before, "a safe set of hands" steering this ship.
There were no surprises - fantastic pay down of debt, great cash flow, good EPS growth and a boost to divi's on top. Strong balances sheet and my favourite statement related to "organic revenue growth, M& A and returns to shareholders"....hopefully in that order - on that basis, I'll be here in 10 years time still a happy holder.

I sold half of my stake but I think I'll get back in c.£6.90 with 7% more shares than before and still bag the divi in April.
Auto buy set for continued long term hold.

I'll be tuning in a week today for full year results but, sadly for the world, a lot has happened since January.
I'm keen to see if business sentiment has been affected negatively or if the pipeline of contracts has continued much as last year. I follow www.bidstats.uk and there seems to be reasonable flow of UK wins but my mind is more on the other side of the pond.
Chelwood, I appreciate that there is a limit to what you can divulge from within but what's the mood from where you are sitting?

I think they have seen a niche in the streaming market. Post pandemic we have seen Netflix really come under strain as people start to cut discretionary spend. ITV might just have touched on an advertising funded free to view (or a paid for subs one for advertising free) business model.
I think the release is confusing and has led to todays fall as many of the comments indicate the take out that they are trying to compete head on with Netflix etc. I do t read this - only £160m of the annual spend next year being in ITVX content.
It seems that the greatest spend is on ITV studios developing hits to roll out internationally.
I’m a backer and have bought two £10k tranches today @92p and 82p.
I’ll review in 12 months but for now I’ll sit back and enjoy the 5.5% ++ dividend

I sold 2500 which is approx 50% of my holding - I hope to buy back once the froth has come off them.
I have to smile though - where are all the ESG doom-sayers today :-) How quickly people swallow their ethics!

Maybe, but 3 years is not a short horizon in my book. I just thought I’d counter to the perhaps over optimistic view. This is still a high risk share in my book as they are going to be loss making for the next 6 years unless Antofagasta come along and offer a cheeky £100m.